Never seen a wealthy person who doesn't lose money.
#US stocks can make you rich. How to find skyrocketing stocks? 👆
First, look for trending stocks. These types of stocks experience a large number of losses in the early stages of growth, with the risk of bankruptcy, but if they can withstand until the market matures, then spring will come. This is my investment case.
In 2020-2021, I invested in electric vehicle stocks, including TESLA, NKLA, RIVN. The result was that TESLA rose from over 200 to over 2,000, with a profit of more than five times. NKLA broke even and exited, while RIVN incurred an 80% loss before selling, but still made a profit of 200% after settlement. Before the China-US trade war, I bought SE and ZOOM. I decisively sold ZOOM at a small loss of 20%, but made a big profit of 300% with SE. In 2022, I began to shift to chip stocks and successively bought TSM, AMD, NVDA. In 2023, I sold TSM (following in Buffett's footsteps) and bought AMD after my son's recommendation. I sold Intel and bought AMD when the price was around 25, and sold at around 120, making a substantial profit before going all in on NVDA at a price of around 220 when the AI trend emerged in the market. After holding for about two years, the price rose to 650-800, and I added a small amount at 850 and prepared to sell at 1200. I saw the news of a 1>10 stock split, and decided after the split. The price surged to 140, and I sold half of my holdings at 135 to realize the profit first. After settlement, the cost of my remaining holdings was about 33.
First, look for trending stocks. These types of stocks experience a large number of losses in the early stages of growth, with the risk of bankruptcy, but if they can withstand until the market matures, then spring will come. This is my investment case.
In 2020-2021, I invested in electric vehicle stocks, including TESLA, NKLA, RIVN. The result was that TESLA rose from over 200 to over 2,000, with a profit of more than five times. NKLA broke even and exited, while RIVN incurred an 80% loss before selling, but still made a profit of 200% after settlement. Before the China-US trade war, I bought SE and ZOOM. I decisively sold ZOOM at a small loss of 20%, but made a big profit of 300% with SE. In 2022, I began to shift to chip stocks and successively bought TSM, AMD, NVDA. In 2023, I sold TSM (following in Buffett's footsteps) and bought AMD after my son's recommendation. I sold Intel and bought AMD when the price was around 25, and sold at around 120, making a substantial profit before going all in on NVDA at a price of around 220 when the AI trend emerged in the market. After holding for about two years, the price rose to 650-800, and I added a small amount at 850 and prepared to sell at 1200. I saw the news of a 1>10 stock split, and decided after the split. The price surged to 140, and I sold half of my holdings at 135 to realize the profit first. After settlement, the cost of my remaining holdings was about 33.
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